4 ‘unpleasant’ charges Ghanaians have to deal with from October

Ghanaians have been expressing their outrage over the cumulative price increases in utilities and commodities.

Tax

On October 1, 2019, Ghanaians have to pay a lot more for utilities and commodities they purchase.

Here are 4 things that have been increased by the government or regulatory authority

1.  Communication Service Tax (CST)

From October 1, 2019, mobile phone users in Ghana will pay 3% more on Communication Service more Tax.

The tax was hitherto pegged at 6% was increased to 9% after the Finance Minister, Ken Ofori-Atta announced that the CST will be higher.

Mr Ofori-Atta announced this decision in Parliament in July during the presentation of the 2019 mid-year budget review.

Mobile users have received text messages from their service providers about the increase. The telcos in their messages said the increase will be “applied to every recharge.”

2.  Water tariff

The Public Utilities Regulatory Commission (PURC) announced an increase in the water tariff for the fourth quarter of the year.

This will see water tariff go up by 2.22%. 

3.  Electricity tariff

The PURC also announced an increase in electricity tariffs. Electricity goes up by 5.94 percent across the board for all customers.

The PURC said that the factors that caused the increase include the Cedi-US dollar exchange rate, inflation, the price of crude oil and Natural Gas, fuel mix, generation mix, and the power purchase cost.

4.  Price of FanMilk products increased

The price of Fanyogo and FanIce have been increased. The price of all pouch products sold at GHC1 (FanYogo, FanChoco, FanDango, FanIce) has been increased to GHC1.20.

Meanwhile, the price for FanIce 250ML goes for GHS5.00.

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